Retail    

Dutch Bros

 11220 S Lone Elm Rd, Olathe (Kansas City), KS 66061

Asking Price

$2,245,283

Cap Rate

5.30%

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Year Built

2023

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Avg HHI

$155,000 (1-Mi)

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1-Mile Radius

7 Schools

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Guaranty Type

Corporate

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INVESTMENT HIGHLIGHTS

  • 2023 Construction - The Dutch Bros brand is rapidly growing. The company has opened 301 new stores since the end of 2019, an 81% increase. As of June 30, 2023, Dutch Bros had 754 locations. The company has plans in place to open a total of 150 stores in 2023.
  • Absolute NNN Lease
  • Kansas City MSA - Olathe is a suburb of Kansas City, located just 20 miles from Downtown KC with a population of 2.2M.
  • Highly Affluent Area - $155k Avg. HH Income (1-mile).
  • Educated Population - 61% hold a Bachelor's degree or higher within a 1-mile radius.
  • #6 Ranked “50 Best Places to Live for Families” - “As one of the fastest growing cities in the country, Olathe has become a Midwestern hotspot.” - Fortune
  • Excellent Traffic Drivers - Opposite from Olathe Northwest High School (1900 students), Meadow Lane Elementary (400 students), Prairie Trail Middle School (725 students), K-State University Campus, and Kansas Bioscience Park.

Exclusively Listed By

Mike Philbin

Senior Vice President
  mphilbin@northmarq.com      (858) 877-9847

Chad Byerly

Senior Vice President

KS Broker #BR00236011

Northmarq

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